BMI View: The outlook is mixed for Belgium's infrastructure market. On the one hand, large-scale energy and transport infrastructure projects utilising public-private partnerships (PPPs) and with the support of regional funding will ensure short-term growth in the construction sector. On the other hand, the maturity of existing infrastructure and an expected decline in public expenditure due to high debt levels and sluggish economic growth will hamper future developments. Nonetheless, Belgium's open and transparent economy will continue to make the country an attractive investment destination.